Gold Bonanza at Martabe Mine

Tuesday, 19 June 2012 10:22
David Dwiarto

Martabe, North Sumatera deserved to be named the new gold barn of West Indonesia. G-resources group Ltd, a Hong Kong-based company has discovered the new gold deposit in this region. The discovery is located in an area named Horas which was previously known as South Barani.

G-Resource claimed to have discovered yet another 2.7 million ounces of gold deposit and 32.8 million ounces of silver deposit in Martabe. (1 ounce = 28 grams). G-Resources has prepared US$ 440 million worth of fund or approximately Rp 3.9 trillion (Rp 9,000 per US dollar) to exploit the mine.

PT Freeport Indonesia Social Responsibility to Mimika Community

JAYAPURA (Bisnis Papua) - The worldâ€™s renowned mining company PT Freeport Indonesia has a large responsibility towards the Papua community and especially in Mimika.

Bearing the big responsibility, PT Freeport Indonesia (PTFI) implements several programs to empower the community, in health, community economy education, as well as the funding towards the community agencies and churches.

Law Enforcement Is Vital For ‘Just’ Mining

Wednesday, 06 June 2012 09:23
administrator

The Mining Advocacy Network (Jatam) warned on Friday that the development of the mining industry and other extractive business might remain uncertain if the government failed to strictly enforce legal regulations and take environmental concerns into consideration.